Shares of defense contractors jumping after President Trump says he wants to increase defense spending by 50% to $1.5 trillion in 2027. The President also adding he wants defense companies to cut dividends and share buyback programs. Then, the U.S. Federal Housing Director Bill Pulte responds to the President’s plan to try and ban large investors from buying single family homes. And Google announcing it will use Gmail users’ full email history as part of some new AI tools unless you manually opt out. That story, this hour.
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CNBC’s “Money Movers”